What level of effort must the Manager devote to the Kidokinetics job?
Kidokinetics Franchise · 2024 FDDAnswer from 2024 FDD Document
You or, if the franchisee is an entity, the majority shareholder or owner of the franchisee must devote personal full-time attention and best efforts to the management and operation of the Kidokinetics Business, or you may delegate the day-to-day operation of your Kidokinetics Business to a Manager ("Manager"). If the Franchisee is an entity and the owner(s) elect to hire a Manager, then a shareholder or owner of the franchisee must dedicate a minimum of 20 hours per month to the operation of the Kidokinetics Business. You and the Manager, if different from you, must successfully complete our initial training program and all other training courses we require. You may not appoint a Manager who is not you or a principal of the Franchisee, if an entity, without our approval. The Manager must devote his or her full time and best efforts to the job, cannot have an interest or business relationship with any of our competitors, and must meet our then-current standards for Managers before assuming the position. If you are a business entity, each owner must sign a Personal Guaranty. Spouses are required to sign a Personal Guaranty. The Personal Guaranty is attached to our Franchise Agreement as Attachment E.
Your Manager and all other managerial personnel who will have access to our proprietary and Confidential Information and training must sign our Non-Disclosure and Non-Compete Agreement, which is attached to our Franchise Agreement as Attachment F. Additionally, if you are a business entity, all of your officers, directors, and direct and indirect equity holders, and those of any business entity that directly or indirectly controls you must sign the Non-Disclosure and Non-Compete Agreement.
Source: Item 15 — OBLIGATION TO PARTICIPATE IN THE ACTUAL OPERATION OF THE FRANCHISE BUSINESS (FDD page 39)
What This Means (2024 FDD)
According to Kidokinetics's 2024 Franchise Disclosure Document, if a franchisee chooses to delegate the day-to-day operations of their Kidokinetics business to a manager, that Manager must devote their full time and best efforts to the job. The Manager cannot have any conflicting business interests with Kidokinetics's competitors and must meet the brand's standards for managers before being appointed.
If the franchisee is an entity and elects to hire a Manager, a shareholder or owner of the franchisee must dedicate a minimum of 20 hours per month to the operation of the Kidokinetics Business. The Manager must also successfully complete Kidokinetics's initial training program and any other required training courses. The franchisee cannot appoint a Manager who is not themselves or a principal of the Franchisee (if an entity) without Kidokinetics's approval.
The Manager and all other managerial personnel who have access to Kidokinetics's proprietary and confidential information and training must sign a Non-Disclosure and Non-Compete Agreement. If the franchisee is a business entity, all officers, directors, and direct and indirect equity holders, and those of any business entity that directly or indirectly controls the franchisee must also sign the Non-Disclosure and Non-Compete Agreement.